Outside the Box: Why Bitcoin will succeed #Stocks

And thoughtful people who have wrapped their heads around Bitcoin have come up with plenty of hurdles for Bitcoin to clear before it could be considered a success. Regulatory and consumer protection issues are just the beginning. And don’t get me started on taxation. Even the naysayers won’t mention it but I will here: financial regulators may tolerate the creation of a new currency, even one (like Bitcoin) that doesn’t require a central bank authority. But no government will cotton to missing out on the collection of sales tax.